According to a criminal complaint: office of the public Prosecutor examines the case of Wirecard

According to the financial Supervisory authority, Bafin, the Munich public Prosecutor's office takes the balance sheet scandal at the Dax-listed company Wireca

According to a criminal complaint: office of the public Prosecutor examines the case of Wirecard

According to the financial Supervisory authority, Bafin, the Munich public Prosecutor's office takes the balance sheet scandal at the Dax-listed company Wirecard under the magnifying glass. The authority to stand in contact with the company and also check this process, said a spokeswoman for the investigating Agency on Thursday on request.

The Munich state Prosecutor's office is already dealing with Wirecard, in a double sense: on the one Hand, it is determined whether speculators have attacked the company with illegal course maneuvers, on the other hand is calculated against the chief Executive Markus Braun and his colleagues in the top of the company because of the suspicion, to have twice for the investors misleading information published. The current examination of the inconsistencies in the balance sheet does not mean that now, in this regard, a formal investigation procedure against the specific Accused initiated would have been.

The payment service provider of the Munich suburb of Aschheim, Germany had moved its balance sheet template for 2019 before again, because the auditing firm EY discrepancies in trust accounts, has discovered, on which 1.9 billion euros are accounted for. Wirecard will refund that is why criminal charges.

Even investor Association DSW calls because of the suspicion of fraud at the Dax-listed company Wirecard, an investigation by the Prosecutor's office. "This is a Raven black day," said DSW chief Executive, Marc Tüngler on Thursday. "We are in the Situation that Wirecard itself can no longer care for enlightenment and confidence." The operations should be informed after evaluation of the DSW from the investigators: "Because the Prosecutor has to get in now," said Tüngler.

"Now, the Supervisory Board is required," said Tüngler. "What this means in terms of personnel, what that means for the preparation of the group?" Wirecard CEO Markus Braun was prior to the most recent publication due to the investigation proceedings in connection with the exchanges-mandatory reports under considerable pressure.

also Important is the role of the auditor at EY, was Tüngler said. In the past, EY Wirecard have issued on the same information base the audit opinion.

WIRECARD -- -- (--) Xetra London SE Int. Level 1TradegateLang & Schwarz, Stuttgart, Frankfurt, Switzerland OTCWienSchweiz 1T 1W 3M 1J 3J 5J For detail view

While the investors of Wirecard on Thursday, the most one of your blackness trading days experience, can look forward to the investor any other payment processor such as Adyen, or Worldline, and Ingenico themselves. Adyen continued their record run and climbed in the meantime to just under 1300 euros, which is your stock market increased to 39.2 billion euros. To the beginning of the year, nor have been for the 730 euros – an increase of almost 80 percent.

Updated Date: 18 June 2020, 13:20

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